U.S. financial regulators are asking banks about their contingency plans should Britain vote to leave the European Union. » Read More
Simon Derrick, chief currency strategist at BNY Mellon, says the market was "overexcited" about the prospects of a U.K. rate hike and discusses the price movement of sterling.
Ruth Lea, economic advisor at Arbuthnot Banking Group, argues that it is time for the Bank of England to start normalizing rates.
Bank of England governor, Mark Carney, defends the central bank's forward guidance and says that it's been "entirely consistent" for months and therefore "dull and repetitive".
Mark Carney, governor at the Bank of England, says that although slack in the labor market is being used up faster than expected, productivity and wage growth have been "remarkably weak".
The risk surrounding the U.K. housing market is a "medium term risk" to the economy's recovery, Mark Carney, governor at the Bank of England replies to CNBC.
Robert Wood, chief U.K. economist at Berenberg, reacts to the latest U.K. unemployment and wage growth numbers and discusses what it means for the Bank of England.
Ian Temple, chairman and co-founder of Hydrogen, says there is a rise in U.K. employment and labor participation which hasn't caused upward pressure on wages.
David Owen, chief European economist at Jefferies International, discusses why wages aren't rising in the U.K. and what this could mean for an interest rate hike.
Melanie Baker, U.K. economist at Morgan Stanley, says a rise in wages would make the market "comfortable" with an interest rate rise in the U.K.
Martin Beck, senior U.K. economist at Oxford Economics, says that one or two members of the Bank of England's Monetary Policy Committee could vote in favor of a rate hike on Thursday.
Simon Wells,chief U.K. economist at HSBC, says that until there is a rise in real terms income, the Bank of England will be "cautious" about raising interest rates.
Michael Sneyd, foreign exchange strategist at BNP Paribas, comments on the U.K. economy following the release of the latest manufacturing data.
Former Bank of England governor Mervyn King, says central banks are not the answer to stimulating global growth.
Former Bank of England governor Mervyn King, says current governor Mark Carney is "splendid".
Simon Wells, chief U.K. economist at HSBC, says the Bank of England is unlikely to raise interest rates in August.
Geoffrey Yu, foreign exchange strategist at UBS, comments on the latest minutes from the Bank of England and on how they could affect sterling.
Sebastien Galy, Senior Currency Strategist at Societe Generale, says the sterling has priced in a rate hike by the Bank of England, which will likely occur in the fourth quarter.
Ruth Lea, economic advisor at Arbuthnot Banking Group, says the economy is "going like a train" and the Bank of England should raise rates soon.
DeAnne Julius, former member of the of the monetary policy committee of the Bank of England, says now is not the right time for forward guidance, adding that the BoE's independence is at risk if members keep voting unanimously.
John Longworth, director general of the British Chambers of Commerce, says that an interest rate rise in the U.K. would hit spending and affect businesses.